cover of episode Seattle LOSES 4,200 Jobs in 4 Months - Self-Imposed Policies BACKFIRE

Seattle LOSES 4,200 Jobs in 4 Months - Self-Imposed Policies BACKFIRE

2025/6/5
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News For Reasonable People

Shownotes Transcript

Seattle loses 4,200 jobs in just four months while their unemployment rate hits 5.1%—but sure, let's keep pretending these progressive policies are working! We dive into how Seattle's $20.76 minimum wage, payroll taxes on businesses, and regulatory maze are driving companies straight to business-friendly Bellevue. Amazon's moving 25,000 jobs there, Microsoft just cut 300 more positions, and small businesses are closing faster than you can say 'tax the rich.' Meanwhile, downtown occupancy has plummeted 56% since 2019, but city officials are more focused on calling Christian prayer rallies 'extreme right-wing' events while actual chaos unfolds in the streets. The tech sector saw a 2.3% decline while Washington ranks second-worst in the nation for unemployment—only California beats them in this race to the bottom. Is anyone surprised that businesses are fleeing when Seattle makes it nearly impossible to operate profitably? What's your breaking point as a taxpayer watching this economic train wreck? Hit subscribe if you're tired of watching cities tax and regulate themselves into irrelevance!